China Tests Hydrogen Production Through Direct Seawater Electrolysis at Xinghua Bay OWF

(OW) Hydrogen production technology with the direct seawater electrolysis method has been tested at Xinghua Bay offshore wind farm in Fujian, southeast China. According to reports by the Beijing-based state-run foreign-language news channel, CGTN, this world’s first test to produce hydrogen by in-situ direct electrolysis of hydrogen production technology without desalination of seawater was conducted... Continue Reading →

Stamp of approval for huge Mexican Zama oil field development plan lays the foundation for $4.5 billion investment

Mexico’s hydrocarbon regulator, the Comisión Nacional de Hidrocarburos (CNH), has greenlighted a unit development plan (UDP), which Pemex submitted on behalf of its partners – Wintershall Dea, Talos Energy, and Harbour Energy – for a giant oil field located in the Sureste Basin offshore Mexico. The Zama unit development plan (UDP) was submitted in March 2023 to Mexico’s... Continue Reading →

BlueFloat Unveils 7.5 GW of Floating Wind Projects in Philippines

On 2 June, BlueFloat Energy announced that the company had secured contracts for four (floating) offshore wind project sites in the Philippines and thus entry into the country’s offshore wind market. These are Wind Energy Service Contracts (WESCs), or Offshore Wind (OSW) Service Contracts (SCs), that are being awarded by the Philippines’ Department of Energy, which reported in April... Continue Reading →

Shell and Ocean Winds Joint Venture Seeks to Terminate and Rebid US Offshore Wind Contracts

(OW) SouthCoast Wind, the developer of an offshore wind lease area off the coast of Massachusetts, has started discussions with this US state’s representatives and utilities to terminate its existing Power Purchase Agreements (PPAs) citing ”material and unforeseen supply chain and financing cost increases affecting the whole offshore wind industry.” The SouthCoast Wind, a 2.4 GW... Continue Reading →

Why is OPEC+ Cutting Oil Output?

(Reuters) The Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+ which pumps around 40% of the world's crude, agreed on a new oil output deal on Sunday. Saudi Arabia, the group's biggest producer, will make a deep cut to its output in July on top of a broader... Continue Reading →

Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention – Long read

(OET) The energy woes that befall the world in 2022 brought about the double whammy of rapidly working on diversifying the energy mix with more renewables while ramping up the crude oil and natural gas production to appease the increasingly intertwined concepts of energy security and transition to a green and low-carbon future. In this... Continue Reading →

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